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Marie Ekeland launches 2050, a new fund with radically ambitious, long-term goals

TechCrunch

Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. She invested in adtech firm Criteo, which later became a public company in the U.S. While she’s no longer involved with Daphni’s day-to-day activities, she still follows her own investments in Daphni’s first fund. Let’s start with the investment thesis.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Matt Murphy and Grace Ge, Menlo Ventures Which trends are you most excited about in construction robotics from an investing perspective? We are active in construction with investments such as HOVER and Fieldwire and believe the entire sector is right for a digital and automation overhaul. About 10 percent of our time.

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Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

TechCrunch

The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . The Frontier Fund is a step outside of mobility. The Frontier Fund is a step outside of mobility.

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Salesforce leads $15M investment in Asian HR tech platform Darwinbox

TechCrunch

This is one of Salesforce Ventures’ rare investments in Asia. Peddi said the startup has always looked up to Salesforce for inspiration, and investment from the enterprise giant is “nothing sort of a child receiving validation from their father,” he said.

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AI-driven energy startup Octopus hits $2B mark after $200M investment from Tokyo Gas

TechCrunch

billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% Octopus will now launch as a brand in Japan with its trademark 100% renewable electricity operation, which uses an innovative AI and data-based platform to balance loads around the grid. You’ve heard of challenger banks? billion valuation (£1.5

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New York’s Climate and Community Protection Act

A VC: Musings of a VC in NYC

What this bill does is commit New York State to some of the most agressive goals of any city, state, or region: This is a legally binding legislative act to achieve an 85% reduction in greenhouse gas emissions by 2050 and a goal of net zero. But we also need new policies and new funding/investment to allow us to reach them (the carrot).

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IFC launches new platform to bolster digital economy in Africa, Middle East, Central Asia, and Pakistan

AsiaTechDaily

This will be used to strengthen venture capital ecosystems and invest in early-stage companies in order to address development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. But despite all these, growth potentials remained enormous across these regions.